Eden Prairie, Minn. -- April 30, 2012 -- GE Capital Fleet Services today announced the results of its 17th annual fleet passenger car maintenance study, which found that overall fleet car maintenance costs continued a three-year trend of slight decreases. Maintenance costs continued to decline in 2011 as a result of increased vehicle replacement in 2010, which in-turn decreased the average cost of repairs per vehicle.
BETHESDA, MD -- April 30, 2012 --- GE Capital, Healthcare Financial Services announced today that it was sole lender and administrative agent on $7.5 million in senior secured credit facilities for PharmAthene, consisting of a $2.5 million term loan and a $5 million revolving line of credit. The financing will be used for general working capital purposes.
Headquartered in Annapolis, MD, PharmAthene is a leading biodefense company that develops and commercializes medical products to counter biological and chemical weapons.
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MUMBAI, April 30, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of a Boeing 737-900ER aircraft to India's Jet Airways to expand the airline's fleet.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707
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NORWALK, CT and MONTREAL -- April 26, 2012 -- GE Capital, Corporate Finance today announced it is administrative agent for a $70 million asset-based credit facility for Le Château, a leading Canadian specialty retailer and apparel manufacturer. The loan will be used to refinance existing debt and support working capital needs.
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NORWALK, Conn.--24 April 2012-- GE Capital, Corporate Finance today announced it has provided $32 million in term financing and a $25 million asset-based revolver for Apio, Inc., a leading fresh-cut specialty packaged vegetable supplier, processor and distributor. The financing was used to acquire GreenLine Foods, Inc., a leading processor and distributor of produce, and to provide working capital. GE Capital Markets served as lead arranger on a portion of the term financing.
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NORWALK, CT-- April 24, 2012 --- GE Capital, Corporate Finance today announced it has provided $32 million in term financing and a $25 million asset-based revolver for Apio, Inc., a leading fresh-cut specialty packaged vegetable supplier, processor and distributor. The financing was used to acquire GreenLine Foods, Inc., a leading processor and distributor of produce, and to provide working capital. GE Capital Markets served as lead arranger on a portion of the term financing.
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SHANNON, Ireland, April 23, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of three owned Embraer 170s to Régional Compagnie Aérienne Européenne, the wholly owned regional airline subsidiary of Air France, to help with the carrier's fleet expansion.
By the end of June, GECAS will redeliver six Embraer 170s to the airline, which is building an all-jet fleet. Three of these six aircraft are serviced by GECAS on behalf of other owners.